Tuesday, August 13, 2013

STM Quest, Province To Negotiate Yarmouth Ferry Service

The Nova Scotia government will enter into negotiations with STM Quest to set up and run a ferry between Yarmouth and Portland, Maine. Economic and Rural Development and Tourism Minister Graham Steele announced the decision today in Yarmouth. Three companies submitted business plans to operate the ferry service beginning next year.  A team of representatives from the Nova Scotia International Ferry Partnership and the province evaluated the plans based on financial stability, a management structure with expertise and a history of managing successful ferry services, and tourism and marketing experience. STM Quest is a joint venture between ST Marine Ltd. and Quest Navigation. The province has committed to investing up to $21-million over seven years for the service.